Tag: SOUTHEAST ASIA
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Apple’s $1 Billion Investment: A Short-Lived Victory for Indonesia
Indonesia has secured a $1 billion investment commitment from Apple to lift a sales ban on iPhone 16s, but experts warn this may be a fleeting achievement. The country’s stringent domestic content requirements could alienate potential investors, especially as neighbors like Vietnam provide more favorable conditions. Despite the hype, Indonesia’s protectionist policies may hinder its…
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Building Resilient Banks in a Digital Era: Strategies for Success
The article delineates the pressing need for banks to integrate resilience into their operational frameworks amidst increasing technological failures. It outlines six foundational elements for enhancing resilience, emphasizing strategic alignment, critical service prioritization, organizational preparedness, automation, monitoring, and robust infrastructure. The discussion underscores the balance banks must achieve between innovation and reliability to meet customer…
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Japanese Banks Stand by Adani Amid International Scrutiny
Japanese banks, including Mizuho, Sumitomo Mitsui, and Mitsubishi UFJ, are committed to supporting Gautam Adani despite US bribery charges, contrasting with a cautious approach from global firms like Barclays and Jefferies, which are reevaluating ties. Adani denies the allegations and reassures lenders and investors. While some US banks have halted efforts to lend, Middle Eastern…
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Shifting Strategies in India’s Venture Capital Landscape
India’s venture capital firms are adopting smaller fund sizes in response to market changes and a scarcity of high-quality startups. Noting that overvaluation had previously led to inflated funding, firms like Stellaris Venture Partners and Blume Ventures are holding their fund sizes steady or making minimal increases. As pressures mount from limited partners for exits…
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Mainland Chinese Fintech Firms Expand Operations in Hong Kong for ASEAN Access
Mainland Chinese fintech companies are establishing bases in Hong Kong to access ASEAN markets, with support from the government’s Office for Attracting Strategic Enterprises aiding in local recruitment and collaboration with universities. Mainland Chinese fintech enterprises are increasingly establishing their presence in Hong Kong to gain access to the ASEAN markets. The Office for Attracting…